Federal Reserve study offers no answers on creating a digital dollar

Don't expect the US Federal Reserve to issue a digital dollar any time soon. CNBCreports the Reserve has published its long-in-the-making study of a central bank cryptocurrency, but took no stances on whether or not it should pursue the technology. The paper instead explored the potential benefits and pitfalls of digital currencies, and asked for public comments. The Fed cautioned that existing cryptocurrencies tend to be highly volatile, consume lots of energy and frequently have significant tr...